By  on February 28, 2018

Under Armour Inc. said Karl-Heinz “Charlie” Maurath will retire on March 31.

Maurath is Under Armour’s chief revenue officer. He joined the company in September 2012 as president, international. Maurath was named chief revenue officer in November 2015, leading all global regions inclusive of North America, EMEA, Asia-Pacific and Latin America, as well as the global direct-to-consumer business. The company said during his tenure, Under Armour “successfully transitioned into a $5 billion global brand with revenue outside of North America growing at a 50 percent [compounded annual growth rate] and reaching 22 percent of total revenue.”

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